well, it’s a theoryGenerally speaking, the Manhattan real estate resale market is not terribly efficient, in the economic sense. First, because real time accurate information is not widely held (among other factors: in contract status, actual condition of units); second,…
Tag: Neighbor
huge premium for condition, light + views for this 20-26 N. Moore Street loft
what a difference a day makes (+ light + views + renovation)Let’s stay near the corner of N. Moore and Varick Streets, just above my favorite Tribeca bar, Walkers. Yesterday we stopped on the 5th floor of the western half…
same floor lofts sell at 46 Mercer Street, in same condition but at different prices
East meets West, West winsThe Residential Sales Around The Region feature in yesterday’s New York Times featured one Manhattan loft, 46 Mercer Street (also known as 473 Broadway, aka the Hohner Building), at $3.01mm after 17 weeks on the market.…
why didn't the loft at 252 West 30 Street sell at The Peak?
not one trend, but anotherThe Manhattan loft 252 West 30 Street #6B does not quite fit a pattern that regular readers of Manhattan Loft Guy know intrigues me (the pattern of lofts that did not sell in 2009 at $Xmm…
bidding war over penthouse loft at 73 Worth Street that started at 2006
winning at putting, putteringThe Manhattan loft #PH-E at 73 Worth Street is another loft that recently raced to contract, like the loft in my September 9 post, 11 West 20 Street loft zooms through market, beats higher floor. Long story, short:…
11 West 20 Street loft zooms through market, beats higher floor
it’s the renovation, MarsIf you blinked in June, you missed the Manhattan loft on the 5th floor of 11 West 20 Street. This "2,205 sq ft" full floor condo loft came to market on June 2 and was in contract…
Tagged with: 2006, 2009, Barrel Vault, Competition, Comps, Discount, Longandnarrow, Neighbor, Renovation, West 20
pricing right to (yes!) sell quickly at 55 Liberty Street
how tall is that eye candy in the window?When I was playing around yesterday in Tribeca, at the "intersection" of West Broadway at N. Moore and White Streets, Tribeca’s crowded townhouse corner: West Broadway at N. Moore + White, I…
loft market at 476 Broadway is pretty F'in efficient
you know I mean the "F" line market, right?Regular readers of Manhattan Loft Guy know that I often beat the drum about The Market being not very efficient, at least as far as individual loft sales provide data points. One…
is this 66 Leonard Street guy the savviest loft seller ever??
big premium, no marketingI am scratching my head over the August 12 sale of Manhattan loft #12A at 66 Leonard Street (Textile Building) for $3.45mm. For one thing, the loft has been officially off the market for a year (i.e.,…
tales of one loft building / the inefficient market at 718 Broadway, circa 2006, weaker market, 2010
2006 echoesThe Manhattan loft #10D at 718 Broadway sold for $1.06mm on July 20, "1,180 sq ft" of "true chic", this "completely renovated" loft is the "ultimate in sophistication". At a single bedroom and single bath with windows only on…
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